D03209560P 


TREASURY  DEPARTMENT  C.  S.  A. 
September  2Cth,  18G4. 

Some  of  the  Depositaries  having  stated  that-  they  me  without 
specific  instructions  from  the  Department  in  regard  to  (ho  "4  per 
cent.  Call  Certificates  on  Bonds  hypothecated,"  and  of  the  6  per 
cent,  uon- taxable  Bonds,  it  is  deemed  proper  to  advise  hv  circular, 
that  the  minimum  certificate  intended  to  be  given  for'novr  if^sue 
Treasury  notes  received  on  call  is  five  hundred  dollars  and  the 
larger  ones,  multiples  of  five  hundred.  For  the  accommodation 
of  holders  of  old  issues  who  wish  to  deposit  them  for  4  per  cent. 
Cell  Certificates,  payable  after  ninety  days,  certificates  of  one  hun- 
dred dollars  each  have  been  prepared,  to  be  used  when  the  sum 
•Jepositod  is  below  f500,  or  between  ^5(M)  and  fl.COO,  or  greater 
sums  requiring  odd  hundreds,  but  all  fractional  parts  of  sfoO  are 
to  be  exchanged  at  6Gf  cents  to  the  dollar  and  new  issue  given. 

In  all  sales  of  the  6  per  cent,  non-taxable  Bonds  (i.  e.  the  500. 
Million  Loan)  the  accrued  Interet^t  must  be  charged,  and  on  mak- 
ing the  entries  for  all  such  sfilen,  and  of  the  proceeds  of  such  .sale? 
paid  into  the  Pepo.sitory  by  an  ngent  authorized  to  sell  the  bonds, 
it  jnust  be  stated  on  the  books  and  in  the  weekly  returns  to  the 
Treasurer,  how  much  is  for-  Principal,  how  much  for  Premium. 
&nd  how  much  for  Interest. 

The  Depositaries  will  insist  upon  the  agents  furnishin;.;  them 
with  such  specific  statements,  when  they  make  their  deposit. 

Agents  authorized  to  sell  Bonds  on  commission,  should  deduct 
the  commission  to  which  they  are  entitled  from  the  premium  re- 
ceived, and  furnisli  to  the  Depositary  at  the  time  of  making 
deposit,  a  memorandum  stating 

Amount  for  principal  of  bonds,  ^ 

Premium,  t , 

liOSB  commissions,  '  $ 

'    .  . « 

Accrued  interest. 


G.  A.  TRENIIOLM, 
Secretary  of  li-easin-y. 


TREASURY  DFPARTMENT, 
August  od.  1864. 

Regnlaiions  in  regard  to   "Hypothecated  Bond  fow- per  cent.  Call 
Certificates,"  under  7th  section  Act  February  17th,  1864, 

The  Treasurer,  Assistuut  Treasurei-s  and  Pay  Depositaries;  an 
authorized  to  issue  said  certificates  iu  exchange  for  Treasury  notes. 
:ind  are  instructed^  to  countersign  all  certificates  issued  by  them 
respectively  as  evidence  of  their  validity,  tvitfl  the  date  from  which 
the  holder  is  entitled  to  receive  interest.  When  notes  of  the  old 
issues  (under  the  dencniinatiou  of  one  hundred  dollars)  shall  he 
•tiered,  they  shall  he  received  until  1st  January,  ISO.J,  at  two- 
t!\!rd8  of  their  face  value,  and  shall  be  considered  as  having  been 
tirst  exchanged  for  the  current  issue,  by  placing  to  the  credit  of 
the  Treasurer  the  ami^unt  of  tax  chargeable  thereon,  but  the  cer- 
tificates issued  in  such  cases  shail  be  endorsed  payable  on  demand 
aftrr  ninety  days.  . 

Certificates  issued  for  the  current  Treasury  notes  shall  be  paya- 
ble on  demand.  All  of  said  four  per  cent,  certificates  shall  be 
payable  at  the  Treasury  office  whence  issued  only,  unless  other- 
wise provided  on  the  certificate.  Said  Treasury  officers  shall  f>lac»- 
'/ii  their  books,  at  the  credit  of  the  Treasurer,  the  respective  suIn^ 
r.H'eived,  giving  the  names  of  the  depositors,  and  stating  the  ac- 
count for  which  received,  viz:  ••Ilypotliecated  Bond  4  per  cent.  Call ;" 
«nd  shall  report  the  same  in  like  mannei^in  their  weekly  (account 
.•urrent,)  returns  to  the  Treasurer,  and  a  weekly  report  of  the  aggrc- 
K;vte  am^pnt  of  such  reqgipts  shall  be  made  to  the  Secretary  of  thf 
Treasury. 

Treasury  notes  of  did  issues  received  shall  be  cancelled  and 
t'Twarded  in  the  manner  heretofore  prescribed  for  cancelled  notes. 

Said  Treasury  officers  shall,  at  least  oiicc  in  a  quarter,  render  to 
tlie  First  Auditor  an  accoun^  of  such  of  said  certificates  as  shall 
liitve  been  redeemed  bv  tbem,,which  certificates  shall  accompany 
tli»»  accounts  as  vouchers. 

The  Register  of  the  Treasury  shall  furnish  said  certificates  on 
the  requisitions  of  said  Treasury  officers,  or  by  direction  of  this 
Department,  and  shall  charge  said  officers  therewith  on  the  books 
"i  his  office. 

The  amount  of  h-.tnls  uf  the  500  million  ban,  equal  to  th.- 
aiaonnt  of  said  certificates  outstanding,  shall  be  held  by  the  Regis- 
tt:r  of  the  Treasury,  as  bond.s  hypothecated  ,ind  subject  "to  the  order 
■jf  the  Treasurer  C.  S..  Trustee  for  the  benefit  or  security  of  thi- 
hi.l(ler8  of  said  outstandinc  certificates. 

G.  A.  TRENHOLM. 
Secreiarij  of  Treasnry. 


r>a.  i 


!^j...  m>  C'teagutu  Sefiflttmeut, 

Richmond,  August  12,  1864. 
Treasury  Notes  of  IIm   Old  Issue. 

All  Depositaries  of  the  Treasury  who  may  be 
rilled  upon  to  exchange  the  above  issues  accord- 
nig  to  law,  and  are  not  yet  provided  with  new  is- 
syes  for  the  purpose,  are  hereby  authorized  to 
ro<ffeive  the  notes  thus  presented  and  issue  receipts 
tor  the  same. 

They  will  then  foward  the  notes  to  the  Trea- 
surer at  Richmond  for  cancellation,  and  new  notess. 
will  be  sent  to.  take  in  the  receipts  thus  issued. 

G.   A.  TRENHOLM, 

Seet'y  of.  the  Treasury. 


O-    .         '^OKY,  May  12,  at  12  M  ,  liie  Treap- 

Ki'  •   of  ivent,  i  aine 

A  V  JLLAKtT  of  six 

per  Cii^l.  j/j:.^^  ^i.  i^e  .wiileu^^rate  btatea, iuaued 
undtT  ttiC  aot  c!'  '  •  Lraary  17,  ISii. 

Tbuso  boo*is  clle;-  lue  Isrg'.ui  jndncemenig  to 
purchasers,  ihcy  have  TnlAlV  \EAKc>  to 
run,  boart^c  iDlor^si  cl'  six  ^ei  c&nt.  peraucum, 
payuble  half  jeaily,  and  are  8ECUKED  by  a 
piciige  of  inipcri  una  m-uro  eiportduiiea.  fcotb 
principiil  anii  laie  tat  art)  FKLa  FUOM  TAXA- 
TIOj^,  and  iboOOU::'0:«S  ar«  made  bj  the  law 
tqual  lo  wJiiS^  for  ihepajineat  of  duties  on  im- 
pend, which  fire  uilowcu  \j  be  paid  only  in  coin, 
sterling  oaohange,  or  the  coupouB  of  thtise  bonds. 

The  S'a'  uado  in  ioia  to  suit  puroba- 

Bers.     1.  <jj  itie  amount  «f  purchabe 

mu$i  !)«< '1  ,  ti   the  'i'reatuter  on  the 

day  of  aalv  ,i,u  uu  lot  lulled  if  the  terms  are  noi  com- 
pliea  w;th,  and  the  balance  be  paid  at  the  Treas- 
ury wuhin  uu  days,  llio  payments  must  be 
m^db  in  the  Truasury  uo-tea  oi  tne  new  issue,  or, 
of  the  old  lUHUtiM,  ol  thu  donomlnutioua  beldw  uae 
hundred  ucliars,  Tated  at  two-thiids  of  the 
amount  proinisea  on  the  face. 

C.  G.  MEHMINGEK, 
iSecretary  of  tha  Treasury. 

i.ubjoiced  i-j  a  c  py  of  tie  sections  of  the  act 
authorizing. the  nutv  i:»su»  : 

8co.  (i.  That  10  pay  ,he  expenses  of  the  Uor- 
ernmuDt  not  Okher>f lae  provided  for,  the  iSecre- 
tary ol  the  I'leuaury  is  hereby  authorized  to  issue 
Bix  per  cent,  uonda  lo  tCu  amouut  lioi  tzueediug 
live  huad'(.d  uuliioas  of  dollars,  tho  principal 
andintofe^t  wterc  t  ab,\l  bo  free  from  taxa- 
tion; aucito  il.'  „i  ihe  iutorest  there 
on  ihe  tuiiie  ■.  -  ol  uny  export  duty 
Ltfreatter  i^d  .  :  ^  .  .  jU,  lobucco  and  naval 
stores,  vvhichk^sliUil  bo  txporicd  from  the  Cou- 
ledcfLito  ;  tul.  «!,  u  id  itie  net  pti^caeds  of  ,t'3e  im- 
port '■  ■  .■•luuch  thereof  aB  may  ba 
nee.  1  lily  the  iuteresi,  are  here- 
by :;  ;  l^ovided  thrt  the  duties 
uutv  iaiti  u^'Ou  lu^pciti^  and  heieby  pledged, 
8ht.ll  horeaiitr  bo  pui  1  in  Epeoie,  or  ia  hterlicg 
exchurge,  or  lu  •>>upoua  of  said  bonds. 

CMiii.  0.  T;.y  b.  sd^  £.r.tbor  urt  by  ihe,6ih  seo- 
tiojf  of  ibis  act  mny  enber  be  r.'giateied  or 
coupoubrndM,  ■     '■  ■  y        .'lemma^ 

elect,  aa.i  itiuy  .  achothsr 

unJei-  such  rcg  ..y  of  tho 

'^''^ISyilH^HS^X'ii^Jt^HilbMMMi^  bij^fur  one 


ti 


nation  of  one  hunrhtd  dullaii'  or  ol'flny  iniil- 
thoifof,  will  bu  issueii  t:(,ni  thib'  otlice  in 
ixvliai.pe  tor  ••Ticasuiy  rotrs  of  tonrier  ii^tnic?,, 
under  tlic  (lunoininiUioi.'of  f;?ie  hnvdrcd  (Jollam." 
'•reilccwable  tmlif  nt  t-Jiis  oliice"  in  notes  of  the 
iitii)  isiiuc,  ns  they  are  received  frou'i  the  Trea.-ui  y 
exceiit  th:it  the  (irpt  p-ircels  received,  \vill  be  di?'- 
tribiit(d,  by  "pnjinK  out  to  e;ieh  .^epiirate  »py]i. 
cant"  D()t  more  than  one  hundred  dollars  of  ntw 
is.-ue  in  exchanj^e  for  one  liundred  and  filtv  of 
the  old., 

Holdeis   of  Six   per   cent 

^.  that  llv;ir  Dondb  have    bcQtu^j' 
"  dv,  lAr  delivej-j  ..        C'..  1!.  IIAI{ 


Hollinger  Corp. 
pH8.5 


